MergerPlace

SE Wisconsin Family Franchise Restaurant

Wisconsin (Sheboygan)


  • Asking Price: $750,000
  • Gross Income: $865,261
  • Cash Flow: $102,693
  • Real Estate: $550,000
  • Inventory: Not Disclosed
  • FF&E: $200,000
  • Listing ID: #202990
  • Established: 2004
  • Employees: 2 FT/26 PT

Business Description

This growing franchise business offers pizza, chicken, dessert pizza, full salad bar and more, for a noon and evening buffet business. To compliment the noon and night buffet sales segments, to-go and delivery/catering services are also offered.

The current owners are the original owners. The owners are multi-year award winners based off the franchisor's criteria for sales, service, excellence in store operations, etc. The Real Estate is included in the list price with excellent living quarters on the second level.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Wisconsin
County: Sheboygan

Company Information

Year Established: 2004
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT/26 PT

Financial Information

Asking Price: $750,000
Gross Revenue: $865,261
Cash Flow: $102,693
FF&E: $200,000
Real Estate: $550,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a "downtown" setting occupying a corner lot. This building has been gutted, remodeled and completely updated in 2004 prior to the store opening. The facility has adequate parking to satisfy the growing demands of their business.

Growth & expansion opportunities:

To grow the annual sales with this restaurant a new owner may want to open on Sunday's as the current owners have decided to be closed. A new owner would want to learn from and mirror the current seller's best practices. A new owner would also want to become an active member in the community such as the chamber, city counsel and/or service groups. With new industry coming to area, getting "plugged-In" early would be a key goal.

Competition:

Since opening this business in 2004, there have been a couple of "mom & pop" concepts that have come and gone, but this food concept remains strong. The food industry will be an ever growing market due to the growth of this community and the surrounding communities. This city is aggressively growing.

Reason for selling:

The current owners want to phase out of the restaurant business to semi-retire.

Support & Training:

Will train for 2 weeks @ no cost. There are no special licenses required except what the state requires for food service. All other skills and concept knowledge are taught by the franchisor through corporate training, regional co-op advertising meetings and your franchise consultant. The ease of operations welcomes even the individual with zero restaurant experience.

Contact Business Seller

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Business Listed By:

Bryan Mulder

Murphy Business Brokers